Market Analysis of NASDAQ on Wednesday 22 November 2023

2023-11-22 10:19Source:BtcDana

Nasdaq 100 (CME)‎ (Z3)‎ Intraday: rebound.

 

Pivot:

15920.00

 

Our preference:

Long positions above 15920.00 with targets at 16020.00 & 16060.00 in extension.

 

Alternative scenario:

Below 15920.00 look for further downside with 15890.00 & 15840.00 as targets.

 

Comment:

A support base at 15920.00 has formed and has allowed for a temporary stabilisation.

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